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| Best bank in Africa | Guaranty Trust Bank |
| Best investment bank in Africa | Barclays |
| Best debt house in Africa | Citi |
| Best equity house in Africa |
Citi |
| Best M&A house in Africa | Barclays |
| Best risk adviser in Africa | Standard Chartered |
| Best flow house in Africa | Standard Chartered |
| Best transaction services house in Africa | Standard Chartered |
| Country Awards for Excellence 2014: Africa | |
| Awards for Excellence 2014: Results index | |
Best bank in Africa
This year, Euromoney’s best bank in Africa is Nigerian player Guaranty Trust Bank (GTBank). It stands out not only because of its stellar performance in its home country, but precisely because the bank represents a new standard of local expertise in Nigeria and is successfully delivering on its regional ambitions.
Since the Nigerian banking crisis, which came to a head in 2009, and following a period of consolidation in the sector, a number of Nigerian banks have emerged as important regional players. Nigeria’s policy makers and bankers should be applauded for their efforts to clean up the troubled banking sector, which is now picking itself up.
Intervention by the Asset Management Corporation of Nigeria (Amcon), the bad bank used to mop up bad debt in Nigeria, helped to reduce the banking industry’s NPL ratio to an average of 5% in 2013 from over 30% three years earlier.